Adviser Investments’ Chief Investment Officer Jim Lowell has the market analysis for Wednesday, January 23. After starting the day in negative territory, major U.S. stockA financial instrument giving the holder a proportion of the ownership and earnings of a company. indexes closed the day with gains. The Dow Jones Industrial Average, S&P 500 and NASDAQ advanced 0.7%, 0.2% and 0.1%, respectively. Meanwhile, Procter & Gamble’s stock rose nearly 5% after the company beat quarterly earnings and sales estimates. Texas Instruments posted mixed results—topping earnings expectations but falling short on revenue and first-quarter guidance.
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